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A development partnership plans a block-sized, $65 million project in midtown Fort Myers. In a statement, Randy Krise and Braham Khoobehi from Krise Commercial Group announced plans to a 5.42 acre site between Central Avenue, Market Street and Fowler Street. DeAngelis Diamond will be the construction manager, with work expected... Continue reading

The Dodge Momentum Index jumped 9.2% in December to 134.6 (2000=100) from the revised November reading of 123.3. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending... Continue reading

By Quentin Torbert Special to Florida Construction News A new proposed bill will lift requirements on construction apprenticeship and training requirements during construction for state-funded projects. However, local players are divided on how the bill will affect Florida construction. HB 53, proposed by Florida House of Representative Nick DiCeglie, will... Continue reading

Foresight Construction Group is ready to start construction on the first building at Lane Industrial Park in West Jacksonville. The city issued a permit to build the 161,355-sq.-ft. Building 100 at 2282 Lane Ave. N. The project will cost at $9.16 million, reports JaxDailyRecord.com. The warehouse building will offer office... Continue reading

The Related Group, Lndmrk Development and Tricera Capital secured an $87.5 million construction loan for a mixed-use development in Wynwood. The 12-story building, dubbed The Dorsey, will be built on the Northwest Third Ave. between 28th and 29th streets. The development will include 306 apartments, with a majority between 500... Continue reading

  Spirides Hospitality Finance provided a $13.5 million construction and permanent mortgage loan for a new hotel project in Orlando.  The 127-suite hotel, Comfort Suites, will be built in Lake Buena Vista. The five-story hotel will be built on 2.5 acres of land located at 11942 Ravello Resort Drive.  No... Continue reading